Rent Affordability for A Carpenter in New Mexico
A typical carpenter in New Mexico earns about $54,846 a year, which supports approximately $1,371 a month in rent under the 30% rule. Below, every tracked New Mexico city is ranked by how local rent compares against that affordability ceiling.
As of May 2026. 4 of 17 cities tracked stay within the 30% rule; 13 are rent-burdened on this salary.
| City↕ | Median rent↕ | % of income↑ | Affordability |
|---|---|---|---|
| Portales, NM | $975/mo | 21.3% | affordable |
| Clovis, NM | $1,272/mo | 27.8% | affordable |
| Roswell, NM | $1,273/mo | 27.9% | affordable |
| Farmington, NM | $1,304/mo | 28.5% | affordable |
| Las Cruces, NM | $1,435/mo | 31.4% | stretched |
| Hobbs, NM | $1,439/mo | 31.5% | stretched |
| Silver City, NM | $1,463/mo | 32% | stretched |
| Albuquerque, NM | $1,473/mo | 32.2% | stretched |
| Alamogordo, NM | $1,562/mo | 34.2% | stretched |
| Carlsbad, NM | $1,654/mo | 36.2% | stretched |
| Santa Teresa, NM | $1,670/mo | 36.5% | stretched |
| Ruidoso, NM | $1,700/mo | 37.2% | stretched |
| Rio Rancho, NM | $1,875/mo | 41% | rent-burdened |
| Santa Fe, NM | $1,882/mo | 41.2% | rent-burdened |
| Los Lunas, NM | $2,015/mo | 44.1% | rent-burdened |
| Artesia, NM | $2,583/mo | 56.5% | severely rent-burdened |
| Los Alamos, NM | $2,749/mo | 60.1% | severely rent-burdened |